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Deacon Corporation has provided the following financial data from Its balance sheet and Income statement Year 2 Year 1 Total assets $1,290,000 $1,223,000 8000 $461,900

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Deacon Corporation has provided the following financial data from Its balance sheet and Income statement Year 2 Year 1 Total assets $1,290,000 $1,223,000 8000 $461,900 Total stockholders' equity Net operating Income (Income before Interest and taxes) Interest expense $69,612 ,000 The company's debt-to-equity ratio at the end of Year 2 Is closest to O 0.81 0.53 O 0.69 O 0.63

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